TLDR:
- Peptobiotics raises USD 6.2 million in Series A funding round to commercialize antimicrobial peptide technology.
- Meaningful Partners invests USD 20 million in Allies of Skin to support expansion into the US.
A Singapore-based agritech startup, Peptobiotics, has secured USD 6.2 million in an oversubscribed Series A funding round led by Hatch Blue. The funding will be used to commercialize their antimicrobial peptide technology aimed at replacing antibiotics in agriculture, with a specific focus on aquaculture. Meanwhile, Meaningful Partners has invested USD 20 million in Singapore-based skincare brand Allies of Skin to support its expansion into the US market through digital and retail channels, as well as bolster marketing efforts and R&D.
Additionally, RedDoorz, a budget hotel network based in Singapore, secured USD 28.2 million in funding from Asia Partners, Jungle Ventures, and other investors. Sae-A Trading, a South Korea-based garment manufacturer, acquired Tegra’s operating entities in the US, El Salvador, and Honduras to broaden its geographical presence. Meanwhile, several companies in China and India also completed funding rounds for various sectors including biotechnology, AI infrastructure, commercial AI applications, and precision coating systems.
